Li Ning Company Limited (OTCMKTS:LNNGF) Short Interest Down 33.6% in March

Li Ning Company Limited (OTCMKTS:LNNGF) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 2,388,700 shares, a drop of 33.6% from the February 28th total of 3,598,200 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 2,985.9 days.

Li Ning Stock Performance

LNNGF stock remained flat at $2.05 during trading on Friday. The firm’s fifty day moving average is $2.18 and its two-hundred day moving average is $2.19. Li Ning has a 1-year low of $1.62 and a 1-year high of $2.99.

About Li Ning

Li Ning Company Limited, a sports brand company, engages in the research and development, design, manufacture, marketing, distribution, and retail of sporting goods in the People's Republic of China. The company offers sporting goods, including professional and leisure footwear, apparel, equipment, and accessories under the LI-NING brand.